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20121210
20121210
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on the fateful history which bob is so well chronicled. tom was previously with mortgage guaranty insurance corporation, asset-backed capital research, and wholesale access research and consultancy firm. tom issued early warnings of the increasing risk at fannie mae, about which he was correct, and, of course, ignored. our second discussing, ed pinto is a former executive vice president and chief credit officer of fannie mae, so he's lived in part of his history. as an aei fellow ed has considered groundbreaking research on the contributions of government housing policy for the mortgage crisis. two of his key research papers were submitted to the financial crisis inquiry commission. he is now developing policy considerations, options including countercyclical mortgage policies, an improved understanding of real estate values with appraisals as steps for rebuilding the housing sector. tom, you are first and we're looking forward to your comments. >> good evening. it's a pleasure to be with all of you. my thanks to alex and ed and aei for sponsoring this forum. it's a pleasure to see bob agai
, i'd like to ask you the same question that bob asked the two candidates last night which is it snuck by most people. what about a no-fly zone in syria? there's military differences, russian, imported anti-aircraft, so sophisticated things, but the answer that boast romney and obama gave was, no, no military involvement. no-fly zone is a step towards military environment, but not a full military environment. what's your -- way would be your answer to that question? >> well, frankly, i think that the, you know, this is some of the calculation that went into the intervention in libya was if we intervened in syria, we already have done this. that's too flipped, but that's what one -- personally, i, you know, if in that position, i would be in favor of the no-fly zone. i think that -- so would the turks. they are saying, look, you're repeating history over and over here again. >> [inaudible] >> what i think is problematic is offering -- is sending, you know, certain caliber weapons to opposition which we don't know who they are, and that's also repeating a bad precedent. you don't want th
what became got which is bob dole got and bush got running for the reelection. that is a fact. and unless we look at the california republican party finding the right individual is going to turn of the largest stake in the country sounds like a serious deep fundamental rethinking now. unfortunately i have been around for so long. i was there for the rebound after goldwater that took a total of four years and i was there for the rebound after watergate that took six years. i was there after george bush lost in '92 which took two years, and i was there after they lost the house and 06 which took four years. so he said to me and my strategically optimistic? sure. the world isn't going to be kind to obama. they will have plenty of mistakes. the challenge is not what they will do wrong. the challenge is whether we are prepared to slow down, think, have honest arguments and figure out what we need to do. if we do that, the country will be just fine. thank you very, very much. [applause] >> from albany new york we hear about the state mandated new york state reuters institute. the pr
morning. >> host: good morning, bob. >> caller: question. this is a topic that nobody wants to talk about. the interest-rate cut the interest that is paid on the national debt. presently most of our debt is under short term, under 1%. and it's manipulated, of course, by the federal reserve and treasury department. so it's going to go from say 250 billion interest payments up to 7%, the next several years. one half trillion dollars in interest annually on the national debt. wondering, how is that going to impact our military industrial complex in the near future when that actually comes to be? >> that clearly -- the ticking time bomb for any part of the federal government and probably because of. [indiscernible] , the state government. we are in a time of unusually low interest rates. it will continue for a time, but when they rise it is going to be a body blow to the national politics and the country because, as your caller was indicating, the jump from 1% to 7% is such a massive increase in taxes that the only thing i can think of is, can you say greece? >> host: what does it mean for th
minded enough, clear-eyed enough about the russian. bob gates also, who moved over to national security. that little group kind of delayed the process i would say for about six months. the people let state i think were ready to kind of progress, you know, with what had been achieved toward the end of the second reagan administration. but it just really delayed things, because the person who turned that around, and he also deserves a great deal of credit, was jim baker. jim baker did a great job putting together kind of an inter-agency management for this process and the different players and he spent a good deal of time, i would say a year and a half or two years, arrived in moscow with an entourage with the negotiators from cfd of the relevant assistant secretaries. broke them into working groups and i think that process that ros participated in with schivinovski and gorbachev but there was a delay and i don't think it set us back. i don't think there were any problems as a result of that. >> thank you. >> i was just going to say that james baker was named secretary of state the day af
up to the mid 30s. ronald reagan brought it up to the mid 30s. bob dole in the midst of the anti-immigrant sentiment of the 1990s took it back below 30. george w. bush got it back up to the magic 40% that karl rove thought was the jumping-off point for neutralizing all these questions. so, you know, how -- we're talking about a fairly small margin of voters here. so if you, you know, a 10% shift in latino votes, moving a million two, million three, you know, the actual -- what the turnout is we don't really know yet. it's going the take a while. the exit poll numbers are losing credibility as time goes on, but that's -- i don't want to get too -- >> john king. >> geeky with you. yeah. [laughter] but the shift of a million voters, million and a half voters and romney would have been in the mid 30s in terms of his share. and everybody would have said that was a pretty good night for a republican. now, what would have happened in terms of actual states, i knew you were going to ask -- [laughter] >> and then i want to go down the row to get everyone. >> it's interesting, because it d
Search Results 0 to 5 of about 6